$XAU is at a trap zone right here.


Bulls pushed it back hard, but this is still sitting right under the 1D range ceiling. I’m not chasing this reclaim unless it holds above 4647 cleanly.
Long
Entry: 4632 - 4636
Stop Loss: 4608
Take Profit: 4649 - 4678
If price slips back below 4630, this turns into a fake breakout and the move can unwind fast.
XAU1.38%
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